2010 Full year results - Unibail-Rodamco
2010 Full year results - Unibail-Rodamco
2010 Full year results - Unibail-Rodamco
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<strong>Unibail</strong>-<strong>Rodamco</strong> is focusing its attention and resources on a limited number of prime assets with superior rental growth<br />
potential due to their size (large to very large) and location (capital cities and large metropolitan areas).<br />
The Group sold for €1,528 Mn of assets in <strong>2010</strong> and had a further €245 Mn disposals signed as of February 9, 2011 that<br />
are reported as assets for sale on the balance sheet.<br />
<strong>Unibail</strong>-<strong>Rodamco</strong> identified approximately €2.5 to 3.0 Bn worth of assets that may be sold during a 2-to 3-<strong>year</strong> process<br />
called “Quid”. €0.7 Bn of these disposals are reported as assets held for sale on the balance sheet.<br />
The disposals are being made on an opportunistic basis, the key objective being to optimise shareholders value.<br />
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